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BRICS Bank: A Powerful Challenge to the IMF and the World Bank

BRICS Bank: A Powerful Challenge to the IMF and the World Bank

Breaking strangleholds of international finance can seem a near impossible task. The provision of finance to developing states, and sometimes developed states humbled by the markets, has tended to be a restricted affair. The BRICS countries (Brazil, Russia, India, China and South Africa) have had their fair share of medicine in that regard. The Bretton [...]

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BRICS’ Economic Power: China Makes Strides in Latin America

BRICS’ Economic Power: China Makes Strides in Latin America

By Mateo Pimentel It is no secret that China is changing Latin America. Heedless of Washington’s interests, China, one of BRIC’s (Brazil, Russia, India, China, South Africa) most powerful members, is enriching the region for reasons all its own. Along with a handful of other Asian nations, China has even raised the prices of many [...]

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Ukraine’s Crisis: Economic Sanctions Could Trigger a Global Depression

Ukraine’s Crisis: Economic Sanctions Could Trigger a Global Depression

The referendum in Crimea on March 16, 2014 will probably attach the peninsula to the Russian federation. While it is unlikely that NATO will intervene and seek a direct military confrontation with Russia, the United States and the European Union are already cooking some broad and unwise economic sanctions with which to punish Russia. Russia, [...]

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TPP: Corporate Greed Would Win, the Environment Would Lose

TPP: Corporate Greed Would Win, the Environment Would Lose

The environment chapter of the secretly negotiated Trans-Pacific Partnership (TPP) agreement is evidently meant to be the sweetener for a broader set of more restrictive arrangements, but it falls far short of its protective purpose. The full draft of the chapter, released by WikiLeaks on Wednesday January 15, 2014 and dating from November 24, 2013, [...]

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Floating Twitter and Fleeting Tweets: The Illusions of Technology

Floating Twitter and Fleeting Tweets: The Illusions of Technology

“This is the story of the next half-century as we effectively become cyborgs” – Joshua Foer [1] It says much that one of the great technological achievements of the last 20 years is a creation emphasizing the writing of 140 characters: the tailored, high-speed medium of communication that has effectively created a virtual community, with [...]

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